Is Tampa A Good Place To Buy a House?

Yes, Tampa is a good place to buy a house. The Tampa housing market sees around 800 homes sell each month. The Tampa Bay area is even larger (basically Hillsborough County) as many people globally would love to live here. Will that change anytime soon? Certainly not, and although it may slow the Tampa real estate market will always be strong.

• Tampa FL

Tampa Housing Market-Tampa Investment Properties

When you consider dollar cost averaging over time is proven to be one of the best ways to invest in stock start house hunting just like you would search for preferred stocks. Learn the local real estate markets contact us to be your real estate agent and we can find that perfect house in Tampa for you.

Purchase Price In The Tampa Bay Area

Usually in this housing market one of the Tampa investment properties will sell for 3 to 5 percent less than it the asking price. Tampa home values are fairly easy to calculate because home buyers have so many recently sold homes to compare them to.

Other costs to consider

1. Initial down payment

2. Home Inspection

3. Closing costs

Young professionals and potential home buyers who are searching for a single family home have many options in the median price range which is usually targeted by investors looking for a rental property. Two things to consider when buying rental property are the local property taxes are about 1.2 percent per year of the assessed value and homeowner's insurance which are both higher when you do not file homestead exemption.

The Average Home A Good Deal?

The average home is what most potential buyers are looking for. There is just more money to be made in that part of the housing market. With stable employment and estimated population growth the Tampa Real Estate Market data should be strong for quite some time to come.